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Trump Escalates Trade Tensions with China Ahead of Key Meeting

Trump Escalates Trade Tensions with China Ahead of Key Meeting

Author:

Global Cryptocurrency

Published:

2025-10-23 18:15:02

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BTCCSquare news:

President TRUMP has intensified trade disputes with China, invoking Section 301 of U.S. trade law to address perceived unfair practices. The move precedes a critical meeting between Trump and Chinese President Xi Jinping, signaling potential retaliatory measures by November 1st.

Section 301 empowers the U.S. Trade Representative to investigate and impose countermeasures against nations violating trade agreements. Reports suggest an imminent probe into China's adherence to the 2020 trade deal, further straining bilateral relations.

Despite the geopolitical friction, cryptocurrency markets remain unmoved. Bitcoin, Ethereum, and other major digital assets show no immediate reaction to the escalating tensions.

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